Financial Instruments (Tables)

6 Months Ended

Mar. 29, 2024

Net investment hedges

Schedule of impacts of hedging program

		For the			For the
		Quarters Ended			Six Months Ended
	March 29,		March 31,		March 29,		March 31,
	2024		2023		2024		2023
	(in millions)
Foreign currency exchange gains (losses) on intercompany loans and external borrowings(1)	$	85	$	(51)	$	(22)	$	(216)
Gains (losses) on cross-currency swap contracts designated as hedges of net investment(1)		87		(19)		(38)		(156)

(1) Recorded as currency translation, a component of accumulated other comprehensive income (loss), and offset by changes attributable to the translation of the net investment.

Cross-currency swap contracts | Net investment hedges

Summary of fair value of derivative instruments

	March 29,		September 29,
	2024		2023
	(in millions)
Prepaid expenses and other current assets	$	81	$	109
Other assets		41		79
Accrued and other current liabilities		6		4
Other liabilities		31		10

Commodity swap contracts | Cash flow hedges

Summary of fair value of derivative instruments

	March 29,		September 29,
	2024		2023
	(in millions)
Prepaid expenses and other current assets	$	18	$	3
Other assets		2		—
Accrued and other current liabilities		3		21
Other liabilities		1		5

Schedule of impacts of hedging program

	For the				For the
	Quarters Ended				Six Months Ended
	March 29,		March 31,		March 29,		March 31,
	2024		2023		2024		2023
	(in millions)
Gains recorded in other comprehensive income (loss)	$	13	$	31	$	39	$	78
Losses reclassified from accumulated other comprehensive income (loss) into cost of sales		—		(9)		(4)		(38)